Electric Vehicles (EVs) are continuing to evolve throughout the globe and in various industries. The number of electric vehicles used worldwide has increased significantly, from 1.3 million in 2015 to an estimated 40 million in 2023. The drive for the adoption of electric vehicles is environmental concerns, government policies, and overall consumer preferences.
U.S. companies outsourced their labor to China for decades, but the COVID lockdowns reflected just how dependent not only the U.S., but countries around the world are on China.
As businesses expand, transloading operations can move freight globally. In these scenarios, the most common form of transloading is moving cargo.